Garden Apartment
New
For Sale
$2,100,000
757 N St, Davis, CA 95616
Multifamily property with assigned parking, carport spaces, and washer-dryer amenities.
Property Size4,932 SF
Price / SF$425.79
Days on Market2
Property Features for 757 N St
General Information
Standard status
Active
Size
4,932 SF
Property subtype
Residential Income
Amenities
Ceiling Fan(s), Wall/Window Unit(s)
Wall Furnace
Dryer, Washer
Assigned, Tandem, Carport
Garden
Building Details
Building Size
4,932 SF
Year Built
1957
Listing Agency:
(925) 691-9166
Listed By:
Alan Chan
(925) 691-9166
Source:
Evrealestate
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 4:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alan Chan
Investment Insights
Based on property information with market context.
This multifamily property at 757 N St in Davis was built in 1957. Interior features include ceiling fans, wall or window units, wall furnaces, and washer-dryer equipment. The exterior includes garden space along with assigned, tandem, and carport parking arrangements.
Access from the east includes Exit 72 to Richards Boulevard, followed by Richards Boulevard, Cowell Road, Pole Line Road, and Lehigh Drive. The property is located in Yolo County.
Access from the east includes Exit 72 to Richards Boulevard, followed by Richards Boulevard, Cowell Road, Pole Line Road, and Lehigh Drive. The property is located in Yolo County.
Key Highlights
- Multifamily property at 757 N St, Davis, CA 95616
- Built in 1957
- Assigned, tandem, and carport parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,188
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,283,760
$1.3M
Cap Rate 7%
$916,971
$917.0K
Cap Rate 9%
$713,200
$713.2K
Market Conditions
NOI Build-Up for 4,932 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$124.3K $25.20/SF
− Vacancy
−$7.6K −$1.54/SF
EGI
$116.7K $23.66/SF
− OpEx
−$52.5K −$10.65/SF
NOI
$64.2K $13.01/SF
Area
Yolo County, CA
Vacancy
6.10%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,283,760
Cap Rate 7%
$916,971
Cap Rate 9%
$713,200
Alternative Uses
Best Use
Apartment 5plus
$917.0K
$802.4K – $1.07M
NOI $64,188 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,156 @ 7.0% cap · market cap 4.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,967
Businesses Nearby
Explore this area
Business Placement
Demographics for 95616, CA
51,003
Population
19,944
Households
2.6
Avg Household Size
27
Median Age
75%
College-Educated
97%
High-School Grad
29.9 sq mi
ZIP Area
1,706
Density / Sq Mi
$74,758
Median Household Income
$25,109
Median Earnings
$1,911
Median Rent
$856,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with assigned parking, carport spaces, and washer-dryer amenities.
Where is this apartment building located?
The property is located at 757 N St Davis, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Multifamily property at 757 N St, Davis, CA 95616; Built in 1957; Assigned, tandem, and carport parking
